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Business

Newell Brands to close Yankee Candle stores, cut jobs

Newell Brands will close 20 Yankee Candle stores across North America beginning in January as part of a plan to streamline the brand’s retail footprin...

Business

Eli Lilly cuts Zepbound prices in competitive weight loss drug market battle

Eli Lilly on Monday announced new price cuts for its popular weight loss drug Zepbound, broadening access for patients and driving greater use of the...

Business

Musk says AI and robotics are 'only' things that can solve massive US debt crisis

Elon Musk said in a new interview that he thinks robotics powered by artificial intelligence (AI) driving productivity gains and output are the only w...

Business

Goldman Sachs to buy ETF sponsor Innovator in $2B cash-and-stock deal

Goldman Sachs said on Monday it will buy active exchange-traded fund sponsor Innovator Capital Management in a cash-and-stock deal worth about $2 bill...

Business

Trump economic advisor Kevin Hassett touts ‘best Black Friday that we've ever seen’ as holiday spending surges

There is no war on Christmas this year, according to one of President Donald Trump’s senior economic advisors, who touted strong consumer spending dur...

Business

Trump admin's new SNAP requirements take effect for food stamp recipients

The Trump administration’s new requirements for the nation’s largest food aid program went into effect Monday, with the aim of reforming the costly sy...

Business

Product sold at Walmart recalled due to risk of explosion

Hundreds of thousands of outdoor camping stoves sold at Walmart are being recalled after several units reportedly exploded, causing second-degree burn...

Business

Trump says he’s chosen next Fed chair as affordability pressures rise

President Donald Trump said over the weekend that he has chosen the next Federal Reserve chair, a decision unfolding as affordability pressures contin...

Business

Google CEO calls for national AI regulation to compete with China more effectively

Google CEO Sundar Pichai warned Sunday that the U.S. must "get the balance right" on artificial intelligence (AI) regulation or risk falling behind Ch...

Business

Kevin Hassett says he would be ‘happy to serve’ if chosen as next Fed chair

National Economic Council Director Kevin Hassett said Sunday he would be "happy to serve" if selected as the next Federal Reserve chair, signaling his...

Business

How Real American Beer aims to fulfill late founder Hulk Hogan’s goal of toppling Bud Light, rivals

Real American Beer is setting its sights on becoming as "big as Bud Light" through a creative marketing strategy that pays homage to its late founder,...

Business

Powerball jackpot climbs to $740M after no weekend grand prize winner

The Powerball jackpot sits at an estimated $740 million ahead of Monday night’s drawing — setting up one of the game's biggest prizes of the year.The...